Martin L. Jimmerson - May 23, 2024 Form 4 Insider Report for Target Hospitality Corp. (TH)

Role
Director
Signature
/s/ Heidi D. Lewis, Attorney in Fact on behalf of Martin L. Jimmerson
Stock symbol
TH
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 04:32 PM
Previous filing
May 21, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TH Restricted Stock Units Award $0 +9.97K $0.00 9.97K May 23, 2024 Common Stock 9.97K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.
F2 On May 23, 2024, the Reporting Person, was granted 9,965 Restricted Stock Units which vest in full on May 23, 2025 or, if earlier, the date of the next annual meeting of the stockholders of the Issuer, subject to the Target Hospitality Corp. 2019 Incentive Award Plan and award agreement. Subject to certain exceptions, vested shares will be delivered upon separation of service from the board of directors.